• Tue. Apr 23rd, 2024

Macy’s Says New Small-Format Stores Aren’t Siphoning Sales From Mall Locations

Bynewsmagzines

Jun 1, 2023
The Market by Macy's in South Point in Fort Worth, Texas, is one of eight locations now open. (Bita Honarvar/AP Images for Macy's)

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Early results for Macy’s high-profile experiment with small-format stores are in: The sites don’t appear to be stealing sales from its mall locations, a finding that could prompt more chains to pursue similar strategies that could change the look of retail property across the country for years to come.

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